Average Credit Counselors Salary in Austin-Round Rock-San Marcos, TX
In the Austin-Round Rock-San Marcos, TX metropolitan area, Credit Counselors earn an average annual salary of $53,130. This figure is slightly below the national average of $55,430, indicating a nuanced compensation landscape. Local economic factors and the specific demand within the region play a significant role in shaping this pay rate.
Executive Summary
- Average Salary: $53,130 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,360.
- Outlook: The local job market for Credit Counselors in Austin-Round Rock-San Marcos, TX, appears moderately robust, with a total workforce of 250 individuals in this role. The Location Quotient of 1.11 suggests a slightly higher concentration of these professionals compared to the national average, implying a stable, if not rapidly expanding, demand for their services within the region.
Salary Overview
The average Credit Counselors in Austin-Round Rock-San Marcos, TX earns-4.1%below the national average.
$25.5
$1,022
$4,428
Credit Counselors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Credit Counselors in Austin-Round Rock-San Marcos, TX, have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, evolving financial regulations, and increasing demand for financial guidance services likely contribute to this upward salary trajectory.
Credit Counselors Salary Distribution in Austin-Round Rock-San Marcos, TX
Career progression for Credit Counselors typically involves a salary increase tied to experience. Entry-level positions may start closer to the lower end of the pay scale, while senior counselors with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps between entry-level and senior roles reflect the value placed on accumulated knowledge and proven expertise in financial counseling.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,860 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,848 | $19.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,100 | $24.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,413 | $31.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,360 | $32.4 |
Detailed Credit Counselors Market Analysis
Relocation Context
Nominal Salary
$53,130
Gross Pay
Real Wage (Purchasing Power)
$53,130
Adjusted for COL (100)
For individuals considering a move to Austin-Round Rock-San Marcos, TX, the Credit Counselor salary of $53,130 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that the nominal wage effectively covers typical living expenses without significant strain or surplus compared to the rest of the country.
Job Market Context
250
Total Jobs
0.202
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Austin-Round Rock-San Marcos, TX has a slightly higher-than-average concentration of Credit Counselors roles compared to the national norm.
With a Location Quotient of 1.11, the Austin-Round Rock-San Marcos, TX, market shows a slightly higher concentration of Credit Counselors than the national average. This indicates a healthy presence of these professionals, suggesting a competitive yet accessible job market where opportunities exist for qualified candidates, but employers may have a solid pool of local talent to draw from.
Nearby Job Markets
Nearby Cities for Credit Counselors
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Credit Counselors Salary | $45,080↓ 15% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Credit Counselorss?
Frequently Asked Questions
How much does a Credit Counselors make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Credit Counselors in Austin-Round Rock-San Marcos, TX is $53,130. This typically ranges from $39,860 for entry-level positions to $67,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 4.1% lower than the national median of $55,430.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Credit Counselors?
No, not significantly more lucrative than the national average.While the average salary of $53,130 is competitive, it falls slightly below the national average. However, the cost of living being at the national average means the salary's purchasing power is equivalent, making it neither exceptionally lucrative nor disadvantageous.
Is Austin-Round Rock-San Marcos, TX a good place to live for Credit Counselors?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($45,080) and others.
How does the Austin Credit Counselor salary compare to the national average?
The average annual salary for Credit Counselors in Austin-Round Rock-San Marcos, TX, is $53,130, which is slightly lower than the national average of $55,430.
What is the Cost of Living in Austin-Round Rock-San Marcos, TX for Credit Counselors?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX, is 100, which is exactly the national average. This means your salary of $53,130 will have the same purchasing power as it would nationally.
How concentrated are Credit Counselor jobs in Austin-Round Rock-San Marcos, TX?
The Location Quotient of 1.11 indicates that Credit Counselor jobs are slightly more concentrated in Austin-Round Rock-San Marcos, TX, than the national average, suggesting a stable demand for these professionals.
What is the total number of Credit Counselors in the Austin-Round Rock-San Marcos, TX area?
There are approximately 250 Credit Counselors employed within the Austin-Round Rock-San Marcos, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 0.202 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Credit Counselors • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX